News

William Bruce and family

Aberdeen-based Scotia Homes has been building luxury houses across Scotland since 1990. By 2010, it aims to achieve a construction rate of more than 500 units a year, with a turnover exceeding £100m. In 2007-08, it made a profit of £11.3m on £80m sales. It is worth £80m on those figures. Bruce, 75, chairs the business; his son Martin was named property entrepreneur of the year at the UK final of the Bank of Scotland's corporate search for property entrepreneurs in 2008. The family and trusts own more than 37% of Scotia Homes' shares, worth £30m.